Soko Directory

  • - The new year is here. What are your plans for it? Have you set any resolutions? Here are 10 of them to help you out. Save money 2022 was a challenging year. Many people went through tough financial times. As they say, mapema ndio best. Start saving as soon as today and make your year […] The post…
  • - As we continue to unpack the Safaricom Calendar for 2023, the month of March and April will be colored with two amazing places of hope; the Vigango Shrine of Kaya Kauma Forest, in Kilifi and the Oreteti Tree, in Maasai Mara. March Vigango Shrine of Kaya Kauma Forest | Location: Kilifi Every…
  • - Kenyans will from Sunday 1st January incur some charges when transferring money from their banks to mobile money wallets. This is after The Central Bank of Kenya (CBK) announced the return of charges on transactions between mobile money and bank accounts. The charges were suspended on March 2020 in…
  • - The year 2023 is here with us. 2022 is finally over. 2022 was a year that one will wish it gone, gone forever, never to be seen again. It was a year marred with election anxieties in Kenya, tough economic conditions, and many faced financial problems. They say nobody knows the future but we must…
  • - Kenya Tea Development Agency (KTDA) revenues hit 23.76 billion shillings in this financial year boosted by reforms instituted in 2021. This represents a 3.5 percent increase compared to the 22.96 billion shillings achieved last year. The ministry of agriculture initiated some reforms to ensure…
  • - Suppose you have made the wise decision of saving and investing for your future. Where would you put your money? In a Co-operative Society or a Savings and Credit Co-operative Society? Maybe both? Before deciding where to put your finances, it is important to understand the difference between the…
  • - Kenyans will from Sunday 1st January 2023 pay 15 percent more for electricity after the government wiped out the electricity subsidy initiated by former president Uhuru Kenyatta. Energy and Petroleum Regulatory Authority (EPRA) director-general Daniel Kiptoo said the 15 percent discount would not…
  • - Elimu scholarship is an initiative funded by the World Bank and the Government of Kenya through the Ministry of education that seeks to improve secondary education under the Secondary Education quality improvement project (SEQIP). Besides providing scholarships to KCPE students joining the…
  • - On 29th December, the Teachers Service Commission (TSC) warned teachers applying for vacant positions advertised against falling prey to fraudsters targeting unsuspecting applicants. According to a statement released by TSC, the commission reiterated that the application process was free of charge…
  • - Veteran news anchor Catherine Kasavuli has died. She died this morning at Kenyatta National Hospital (KNH) after battling cervical cancer. The announcement of her passing was done by Kenya Broadcasting corporation (KBC) Managing Director Samuel Maina. Until her dead, Kasavuli was working with the…
  • - The value of Kenyan coffee exported in the 10 months to October surged 49 percent on the back of increased shipments. Data from the Kenya National Bureau of Statistics show the country exported 43,308 metric tonnes (MT) of coffee valued at 33.8 billion shillings, up from the 32,992 MT at 22.5…
  • - Greetings have always been associated with people checking on their friends, relatives, and business associates. They have always been a sign of peace and friendship. But as the days went buy, greetings metamorphosed from just being a “sign of peace” to a background where someone wants to “fish…
  • - Twitter and LinkedIn are not among the top 10 most popular apps in Kenya. For LinkedIn, one might understand, but for Twitter, it is both strange and a shift of dynamics. Literally, Twitter has been among the most popular in the country given the “online” noise of the “self-appointed” Kenyans on…
  • - The Teachers Service Commission (TSC) will make major changes before releasing a new teacher promotion advert after the earlier one was canceled. The advert had 14,738 promotion vacancies. The promotion of teachers has become a sticky point. The tutors’ employer has in the last two weeks appeared…
  • - The number of tourists visiting Kenya in the 11 months to November increased by 74.5 percent compared to a similar period last year. The latest data by the Kenya Tourism Board(KTB), shows the total number of arrivals in Kenya during the period was 1,321,887 from 870,465 arrivals in the same period…
  • - Fuel prices are expected to jump further from January 2023 as the government plans to withdraw fuel subsidies setting the stage for higher pump prices. The fuel subsidies have been cushioning Kenyans from high pump prices amid inflating prices of other commodities. This comes a few weeks after the…
  • - The Family Group Foundation has scaled up the high school scholarships kitty to KES 60 million for students from needy backgrounds joining form one in 2023. This year’s scholarship program will benefit 290 bright and vulnerable students from 32 counties and allow the beneficiaries to pursue…
  • - The Teacher Service Commission, TSC, has revealed that the Primary school head teachers are set to get a special allowance next year, starting January 2023. According to TSC, the school head teachers will have an additional managerial task that calls for an additional task, and the Commission is…
  • - A country that doesn’t take care of its aged population doesn’t care about its history and its future. Our senior citizens are our very foundation. Kenya has about 718,000 people aged 65 years and above. This was an increase from about 215,000 in 1972. Statistics show that 80 percent of them live…
  • - Tea prices at the weekly Mombasa auction closed the year below the government-set minimum price amid reduced demand from key buyers. Data from the East African Tea Trade Association (EATTA) shows a kilo of the beverage traded at USD2.22(273.84 shillings) down from USD2.32(286.17 shillings) in the…
  • - Kenya’s tourism sector is set to get a boost after the country welcomed another cruise ship with more than 800 tourists at the height of Christmas and new year festivities. This comes as the country expects at least three more cruise ships to call at the port of Mombasa by the end of March 2023…
  • - Kenya’s domestic credit extended to the private sector as a percentage of GDP was at 32.1 percent in 2020, compared to the 38.9 percent average for the Sub-Saharan African region, 111.2 percent for South Africa, and 164.2 percent for advanced economies. To achieve 100.0 percent Private Sector…
  • - Local retailer Naivas Supermarket opened a new outlet at Shell-Express Uthiru located along Waiyaki Way Road. This brings the retailer’s number of operating outlets countrywide to 91. It also comes a month after the retailer opened five new outlets at Meru’s Greenwood City Mall, Kahawa Sukari…
  • - During the week, the Kenyan shilling depreciated by 0.2 percent against the US dollar to close the week at Kshs 123.2 shillings, from the 123.0 shillings recorded the previous week. The depreciation of the shilling was partly attributable to increased dollar demand from importers, especially oil…
  • - During the week, T-bills were undersubscribed, with the overall subscription rate coming in at 69.9 percent, down from the 121.8 percent recorded the previous week. The dipping of the T-Bills during the week was partly attributable to the tightened liquidity in the money market with the average…
  • - Christmas is done. Millions moved back into their rural areas to celebrate. What remains is the new year and everything will fall into place. It is good to celebrate with family and friends this festive season but it is important to remember that January is coming. Nobody goes to their rural areas…
  • - The Safaricom Calendar for the year 2023 tells of amazing places of hope. January was colored with the Great Baobab Tree of Mnarani and February is spectacularly represented by the Gong Rocks of Lewa. On the face of it, the Rock Gongs are just rocks with strange cuplike depressions and random…
  • - Fresh off the FIFA World Cup finals set for Sunday, it’s time for Xmas! What better way to celebrate loyal customers than with this fantastic Festive gift? GOtv is giving customers a chance to step up their holiday entertainment experience at no extra cost. Pay your subscription online, via the…
  • - The Coca-Cola system in Kenya, in collaboration with the Company’s Philanthropic arm– The Coca-Cola Foundation, has announced a contribution of USD500,000 (approximately KES61 million) to complement ongoing national drought response interventions in most affected regions of the country. The…
  • - Pwani Oil in partnership with Lions Medical center has conducted an eye care medical camp in Kikambala, Mombasa County. At least 809 people received eye care medical counsel while another 36 underwent a cataract operation from a team of over 20 doctors present from Lions Medical center. Speaking…
  • - The government will next year allow animal feed manufacturers to import 350,000 tonnes of duty-free yellow maize for a period of one year. Agriculture cabinet secretary Mithika Linturi said the move is aimed at cushioning Kenyans from the high prices and easing pressure on white maize which has…
  • - The Kenya Coffee Planters Association (KCPA) has asked the government to implement the guaranteed minimum returns promised by Wiliam Ruto in his manifesto. According to KCPA, the minimum returns will cushion farmers from losses at a time when the value of the commodity is diminishing. Peter Gikonyo…
  • - As Christmas draws near, the Kenyan shilling is still not breathing against the US Dollar. On Friday, the local currency fell to the lowest in history against the US Dollar. Exchange Rate Performance On Friday, the Kenyan shilling weakened 0.04 percent to close at 123.21 (-8.90 percent year-to-date…
  • - The Kenyan Shilling has continued with its weakening mission, hitting the lowest against the US Dollar on Thursday. The local currency also weakened against both the Euro and the Pound. Exchange Rate Performance The shilling weakened 0.02 percent against the US Dollar to close at 123.16 (-8.86…
  • - Football competitions at the club and national levels are crowned with trophies to deserving winners. In fact, in many other sporting events, awarding trophies to winners is a common practice. Trophies typically come with awards and cash. Even so, the value of the football trophies varies depending…
  • - We all have Bonga Points, some running into tens of thousands. In fact, the value of unredeemed Bonga Points now stands at 4.5 billion shillings according to Safaricom. This has forced the telco to introduce an expiry date to force people to redeem them. Bonga Points can be redeemed for various…
  • - The new BK mobile app has recorded a sharp growth in transaction volumes, value, and onboarded users since its launch two months ago. The number of transactions on the BK mobile App shot up from 2,065 in September valued at a total of KSh18.3 million to 42,088 transactions valued at more than…
  • - Struggling state-owned entities -Kenya power and Kenya Airways (KQ) will get 37.3 billion shillings in the current financial year to keep them afloat and help service their debts. The funding is part of fiscal consolidation conditions set by the International Monetary Fund (IMF) and will see KQ…
  • - Many people have now switched to holiday mode. About 95 percent of companies in Kenya have closed to allow their staff to at least take a break as they enjoy Christmas before meeting the mighty 2023. When it comes to the festive season, everyone has their traditions. Many people love Christmas and…
  • - Safaricom has rolled out a spectacular 2023 calendar that celebrates the beautiful sites and views we enjoy within our country. Distributed over 12 months, the calendar has images that bring out awe, excitement, and curiosity in you to seek out the spectacular in life. The month of January is…
  • - SportPesa Mega Jackpot has always had 17 matches. To be a millionaire, one has to make all 17 correct predictions. There are, however, bonuses for those who make 12, 13, 14, 15, and 16 correct predictions. That was then, but now, it has been made better. This week’s mega jackpot stands at more than…
  • - Education Cabinet Secretary Ezekiel Machogu on Wednesday broke the norm for national examinations results where the top candidates and schools are ranked. According to the CS, the Ministry of Education will no longer announce the top candidates in national examinations in a bid to eliminate…
  • - Bonga points worth more than 4 billion shillings are unredeemed. This forced Safaricom to introduce an expiry on Bonga Points to literally force Kenyans to redeem them. You won’t believe there are people with thousands of Bonga Points out there. Bonga Points can be redeemed for various products and…
  • - The Kenya National Examination Council (KNEC) is set to release Grade Six national exams on January 16, 2023. All the results will be posted on the KNEC website for easy access to candidates and their schools. On Wednesday, December 21st, speaking at Mtihani House, KNEC CEO David Njeng’ere declared…
  • - Boda Boda Integrated Management System (IMS), a company committed to addressing public safety, transport, and security challenges for boda-boda riders has partnered with Lami Technologies, an insurtech start-up to launch affordable motor and personal accident insurance for riders in Kenya. Through…
  • - The 2022 Kenya Certificate of Secondary Education (KCPE) candidates recorded impressive performance compared to last year’s candidates, Education Cabinet Secretary Ezekiel Machogu has said. More than 1.2 million pupils sat for KCPE. This is the highest number that the examination has ever seen, but…
  • - The top pupil in this year’s KCPE scored 431 marks out of 500. This was higher than the 428 marks that were scored by the top student in 2021. Education Cabinet Secretary Ezekiel Machogu Ombaki, however, disappointed many when he failed to read out the names. Those who scored between 400 and 431…
  • - These are critical days in our enduring mission to reduce the deadly toll and devastating impact of smoking cigarettes. Last week, I spoke at two separate conferences on two different continents featuring some of the world’s leading experts in the field of tobacco harm reduction. The key message in…
  • - MPs have given the Teacher Service Commission, TSC, till the end of January 2023 to effect transfers of teachers who were forced out of their homes through the controversial policy on delocalization. While appearing before MPs yesterday, TSC board chair Jamleck Muturi and head of legal Calvin…
  • - Rice farmers in Kirinyaga county want the government to provide a better market for their products following a bumper harvest that has seen the price of the commodity drop. A kilo of Pishori rice has dropped to 140 shillings from 180 shillings last month owing to increased supplies. Mwea irrigation…